« Home | Skype Mobile » | Google releases mobile banner ads » | O2 will stop selling 8Gb iPhone on UK » | Q1 Results: Motorola still in trouble » | Q1 Results: Apple sales still rising » | Gameloft & Nokia: win a Nokia Phone » | Sprint launches voice-enabled search service » | BusinessWeek's 2008 Most Innovative Companies on T... » | Sony BMG signs up to Nokia’s 'Comes with Music' » | Mobile Virtualization is the next step ? » 

Monday, April 28, 2008 

Oi Brazil acquires Brasil Telecom

Oi Brazil has announced the acquisition of Brasil Telecom for R$ 5.863 billions (US$ 3.5 billion). The value was above the expected by the market, something around R$ 4.8 billion (US$ 2.8 billion).

The deal is still waiting for a change in the Brazil legislation (it isn't allowed to a phone company to buy another one in a different market) and the approval of regulation agencies.

Source: Folha de São Paulo

Labels: , ,

Pedro "K2" Macêdo

About me

  • I'm Pedro Macedo
  • From
My profile

Sponsored Links



I recommend